GOLD SPOT PRICE 22/02/2019

Spot Price

£

Currency

GBP

EUR

USD

T/OZ

£735.00

Today

23.63

30.03

37.52

GRAM

£23.63

Yesterday

22.50

28.05

34.25

INVESTMENT GOLD

We explain the best ways to invest in gold through bullion and coins.

Why Invest in Gold ?

Gold is unquestionably the number one investment that you should be making. In the first half of 2011, the price of gold increased by 5.9%. Gold spot prices also reached record prices on the 13th July 2011 (at $1603.40 per ounce) as speculation over the US Dollar’s declining value (the US needs to print more money to service their $14.4 trillion debt), Eurozone sovereign debt crisis and the UK’s low interest rates drove gold prices through the roof.

All of these factors, combined with the limited worldwide supply of gold, have made gold THE recommended investment . A recent report by Loyds TSB has also shown that returns on Gold outperformed all UK shares and commodities over the last 10 years, which makes investing in gold ideal for long term investors.

Kampala Gold is the leading gold investment supplier in the UK. Our in-house staff have provided range of insightful knowledge to help you invest in gold, including the best gold dealers, the latest gold news and prices, tips for choosing gold coin, history of gold investments and more.

First Step in Gold Investment

Buy in the Cheapest Form

This is one of the most obvious pieces of advice we give. But we usually add "within reason". Generally the cheapest ways to buy gold are bars, krugerrands or sovereigns. Of these three options, gold bars can usually be bought for the lowest percentage premium over gold, followed by krugerrands then gold sovereigns. Most other gold coins are more expensive, and therefore better avoided, at least by serious gold investors. You might think therefore that we would advise gold bars, krugerrands and gold sovereigns as the best gold investments, in that order. We believe however, that sovereigns are worth paying a slight extra premium for, because of their smaller size, and the historic and aesthetic values which you get for next to nothing. Our advice will change with changes in the market, But with gold you cant go wrong.

Gold Investment Advice

We try to keep our investment advice very simple.

We cannot predict with any certainty what gold or any other commodity or currency will do over short, medium or long periods of time. Because of this we tend to avoid giving any definite advice or strong opinion. There are some areas where we have considerable experience, and feel we can safely give advice. Some of it may appear obvious, but it is surprising how often we find ourselves repeating it. Call us now for a better investment and make your money work for you!!!!